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The boom of India's domestic aviation is likely to continue in 2024-25 with air traffic expected to rise by 8-11 per cent in the ongoing financial year to reach around 418 million passengers, rating agency ICRA said in its latest presentation. Check out here for full story : https://lnkd.in/gGq-njTA #IndiaAviation #AirTrafficGrowth #ICRA #TravelTrends #AviationIndustry #PassengerGrowth #2024Forecast #AviationBoom #IndiaTravel #DomesticFlights #AviationNews #TravelIndustry #bizzbuzz #bizzbuzznews

Domestic Airfares on the Rise, Yet Still Among the Lowest Globally: Experts Weigh In India’s civil aviation market is soaring to new heights. As one of the world’s fastest-growing markets, an average of 450,000 passengers take to the skies on domestic flights every day. Yet, despite this impressive growth, a mere fraction of India’s population flies, largely due to capacity constraints. A significant number of aircraft remain grounded, primarily due to supply chain issues, presenting a notable challenge. Over the past six quarters, domestic airfares have been on a northward trajectory, with prices on key routes increasing by up to 40%. However, experts point out that even with these hikes, India’s ticket prices remain among the lowest globally. Aviation consultancy firm CAPA India highlighted that, until recently, average fares on the top 20 domestic routes had remained relatively stable in nominal terms for nearly two decades. Routes such as Mumbai-Delhi, Bengaluru-Delhi, Bengaluru-Mumbai, and Delhi-Hyderabad are now witnessing fare hikes, driven by significant capacity shortages. On average, 150 aircraft are grounded due to supply chain and other issues. CAPA India noted in a recent webinar that this trend of higher pricing is likely to persist through FY2026. Sanjay Kumar, President & CEO of InterGlobe Technology Quotient Ltd, shared insights on the fare increases. “In the last three years, especially after the coronavirus pandemic, fares have gone up. Still, the average fares are among the lowest in the world. For instance, the average fare for a flight between Delhi and Mumbai is around Rs 5,000 to 6,000. It might seem like a significant rise in percentage terms, but the actual increase is not substantial when considering overall inflationary pressures.” While the increase in airfares may be a concern for frequent flyers, the broader perspective suggests that India's domestic air travel remains incredibly cost-effective compared to global standards. As the aviation market continues to recover and adapt post-pandemic, maintaining this balance between affordability and capacity will be key to sustaining growth and meeting the rising demand. Let's keep our seatbelts fastened and enjoy the flight as India's aviation sector navigates these dynamic skies. IndiGo (InterGlobe Aviation Ltd) Akasa Air SpiceJet Limited Air India Limited Vistara - TATA SIA Airlines Ltd. Air India Express flybig Star Air Fly91.in AirAsia India

India's aviation sector is on the cusp of significant change, with three new homegrown airlines set to launch in 2025. #aviationsector #india #travelandtourism #aviationgrowth #travelindustry #hospitalitysector #hospitalityindustry https://lnkd.in/gZeBCVWh

Indian air passenger total flies past pre-Covid peak: India already has the third largest domestic aviation market in the world with just six national airlines and four regional carriers. A record number of passengers during the peak travel season of summer has helped the aviation industry fly past the pre-Covid-19 total till September this year. At the current rate of growth, not only will FY24 breach pre-Covid-19 levels, it will even become the best year ever for the sector. By the end of September, the total number of passengers recorded at the 132 operational airports across the country stood at 183.27 million. While this was 22% higher than the 150 million clocked in the same period last year, and 8% higher than the 170 million clocked in FY20.

Less than 5 % of Indian population was able to use airplanes for their travel needs in 2023. Many of them were repeat flyers, so the % Indians who can afford air travel are between 1.5% to 3% Now, see these 2 data points 1. IndiGo (InterGlobe Aviation Ltd) is the largest airline in India with 62% market share as on Jul2024 and 2. Indigo has been voted among be the worst airline of the world Ranking 103/109 https://lnkd.in/dsMEjAC4 If you go down to Tatas Air India Limited , the experience from delays to seat fabric is Dharavi/ Kamathipura grade and with SpiceJet Limited most of the times you will thank heavens, you landed in one piece at your destination What story do these data points tell about India ? Why do the best 2-3% of Indian citizens deserve or suffer the worst in the world ?

As Indian #airlines and #airports continue to enhance services, air #traffic in India is expected to surge by 11% by March 2025. Know more about it here. rb.gy/1ialo0 #travelnews #aviationnews #IndiaTravel

India's domestic #passengertraffic continues to climb charts per month giving a clear mandate that India is a rising star in terms of #aviationgrowth and #development. April 2024 figures released by DGCA India shows that India's domestic #airtraffic rose by 2.4% compared to March 2024 with domestic airlines carrying 132 #passengers. Air traffic was also higher than #preCOVID levels. In April 2019, #domesticairlines flew only 109.95 lakh passengers. However, domestic #airtraffic fell very slightly in April when compared with March 2024's reading which stood at 133.68 lakh passengers. Akasa Air was the most punctual #airline operating in India for the second straight month in a row with an #OTP of 89.2% after overtaking #AIXConnect in March at four major airports Delhi International Airport Ltd, Bangalore International Airport Ltd, GMR Hyderabad International Airport Ltd and Mumbai International Airport Limited (CSMIA). The #marketshare of IndiGo (InterGlobe Aviation Ltd) is 60.6% with the airline flying 80 lakh #passengers in April. Air India Limited remained the second-largest #domesticcarrier and garnered a #marketshare of 14.2%, flying 18.8 lakh #passengers during the period. Government of India Official NITI Aayog Official Narendra Modi Jyotiraditya M Scindia Airports Authority of India Rohit Tomar Seemaa S Vedaak Veena Chawla Rinaldo Rhine #passengertraffic #holidayseason #summertravel #peaktravelseason #tourism #toursandtravels #leisuretravel #businesstravel #domestictravel

✈️ Oppourtunities for airlines in the Indian domestic flight market? 🇮🇳 The number of domestic routes in India with no competition surged from 55.2 per cent in April 2019 to 69.2 per cent in April 2024. This means by April this year, only 30.8 per cent of the 1,083 domestic routes had more than one airline operating, according to a report by aviation analytics firm Cirium reviewed by Business Standard.

India's aviation landscape is set to welcome a new player as Shankh Air receives the green light from the Civil Aviation Ministry to commence operations. This approval marks a significant milestone for Shankh Air, positioning it as Uttar Pradesh's first scheduled airline with operational hubs in Lucknow and Noida. The airline's strategic choice of hubs in Lucknow and Noida is poised to enhance regional connectivity. These locations will serve as pivotal points for Shankh Air's operations, facilitating better access to underserved regions. By focusing on routes with high demand, Shankh Air aims to fill the gaps left by existing carriers, thereby improving overall mobility and accessibility. While the approval from the Civil Aviation Ministry is a significant step forward, Shankh Air still needs clearance from the Directorate General of Civil Aviation (DGCA) before it can officially begin flights. The airline has been directed to comply with various regulations, including those related to Foreign Direct Investment (FDI) and the Securities and Exchange Board of India (SEBI). The No Objection Certificate (NOC) granted for operations is valid for three years, during which Shankh Air must adhere to all relevant provisions. #Airport #Airline #India #ShankhAir #Lucknow #Noida #AviationIndustry #AviationOasis https://lnkd.in/ecTP2akR

Approximately 5.9 million people flew between the US and India in the year to July 2024, equivalent to more than 8,000 passengers daily each way. These figures are based on examining booking data available to me on a subscription basis. Of course, most people—an estimated 86 in every 100—connected to another flight en route, especially in the Gulf and Europe. Even more potential one-stop options via the Middle East may materialize, including the much-rumored Gulf Air and the inevitable Riyadh Air. Related 3 Million Passengers: Emirates’ Big US Network ExaminedEmirates began flying to the US 20 years ago in 2004. 7 US-India is the world's largest underserved long-haul country market. Reasons more non-stop flights do not exist include: Often very long stage lengths Typically relatively low yields, reflecting distance and the general lack of premium traffic An inability to overfly Russia for US operators A shortage of widebodies for Air India, with its Airbus A350s replacing Boeing 777s for now Airport pair Roundtrip passengers* (August 2023-July 2024) Passengers daily each way* Base fare (one-way)** Comments Air India flew Hyderabad-Delhi-Dulles between 2017-2020. Hyderabad is Dulles' largest unserved long-haul destination New York JFK-Ahmedabad 88,000 121 $616 JFK's fourth-largest unserved long-haul market Chicago O'Hare-Hyderabad 83,000 114 $689 Air India had limited 777-200LR non-stop flights in 2021/2022. It flew Hyderabad-Delhi-O'Hare on the 777-300ER between 2010-2020. Hyderabad is O'Hare's second-largest unserved long-haul market (after Manila) San Francisco-Hyderabad 80,000 110 $1,014 San Francisco's second-largest unserved long-haul destination New York JFK-Bengaluru 74,000 101 $1,061 JFK's fifth-largest unserved long-haul market Los Angeles-Mumbai 71,000 97 $911 Air India served it via Frankfurt on the 747-400 between 2004-2006. Mumbai is Los Angeles' fourth-largest unserved market * Rounded for easier viewing * Excl. seasonality. Double for both ways ** Excl. fuel surcharge, taxes, and other add-ons. Averaged across all passengers in all cabins ✕ Remove Ads What about Dallas-Hyderadad? Dallas/Fort Worth-Hyderabad is the longest of the markets mentioned above, at 7,793 nautical miles (14,435 km) each way. For context, it is 172 nautical miles (319 km) longer than Singapore-Los Angeles, which Singapore Airlines operates. Singapore Airlines nearly always deploys its 253-seat A350-900s rather than its 161-seat A350ULRs. It is, therefore, the world's longest non-stop non-ULR A350 route. Photo: Aerospace Trek | Shutterstock Dallas-Hyderabad would be a vast distance. If Air India flew its 316-seat A350-900s, they'd be much heavier than Singapore Airlines' more premium 253-seaters. Only 9% of Air India's A350s are business seats against nearly double (17%) for Singapore Airlines' config. READ ON: